Competitive Market Analysis for

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Competitive Market Analysis for Terry Emmert 9380 SE Emmert View CT Happy Valley, OR 97086 Acres, Number of: 10143 Manufactured House Okay Y/N: N Waterfront Y/N: N Gated Community View Property Easy

1 Competitive Market Analysis for Terry Emmert 9380 SE Emmert View CT Happy Valley, OR Acres, Number of: Manufactured House Okay Y/N: N Waterfront Y/N: N Gated Community View Property Easy FreeWay Access Emmert Heights 19 Lots 4 Available Recommended Price: $199,000 ($159,000 - $199,000) Michael J Faunce Broker / Consultant Keller Williams Portland Premier Realty 7504 SW Bridgeport Portland OR Prepared By Michael Faunce Phone: Cell: Fax: michaelfaunce@kw.com This report is not intended to meet the requirements set out in the Uniform Standards of Appraisal Practice and is not intended as an appraisal. If an appraisal is desired, the services of a competent professional licensed appraiser should be obtained.

2 Michael Faunce 05/28/2017 Table of Contents Comparables to Your Home 3 Map of Comparables to Your Home 6 Adjustments to Comparables 9 Summary of Comparable Listings 13 Pricing Your Home 14 Company Information 15 05/28/ :40 Keller Williams Realty Portland Premiere

3 3 Michael Faunce 05/28/2017 Comparables to Your Home SE FORTON PL Happy Valley LND ACT $219,950 MLS#: Status: ACT PTax/Yr: $1,080 Unit/Lot #: # Lots: 1 Acres: 0.34 Zoning: Resid Wtr Frnt: N Area: 145 Lot Size: 10K-14,999SF Map Coord: / / Prop Type:RESID Directions: Idleman Rd to the property Remarks: Great large lot with City view and all utilities, ready to build. Buyer to verify any and all zoning restrictions and building codes prior to purchase SE HINKLEY AVE Happy Valley LND ACT $225,000 MLS#: Status: ACT PTax/Yr: $1,540 Unit/Lot #: # Lots: Acres: 0.24 Zoning: CC Wtr Frnt: Area: 145 Lot Size: 10K-14,999SF Map Coord: Prop / / COM/IND Type: Directions: Johnson Creek to Fuller, Left on Hinkley Remarks: Zone CC (Corridor Commercial) - see list attached for permitted uses from City of Clackamas & verify w/ City ~ buyer to do due diligence and verify all info ~ Many possibilities with this property with its 10,454 sq lot! Convenient location, within vicinity to 205 shopping center and I-205 access ~ owner is willing to carry contract with 50% 8% interest rate SE SCOTTS SUMMIT CT Happy Valley LND CAN $169,900 MLS#: Status: CAN PTax/Yr: $2,145 Unit/Lot #: # Lots: 1 Acres: 0.36 Zoning: resid Wtr Frnt: Area: 145 Lot Size: 15K-19,999SF Map Coord: 657 / J / 1 Prop Type:RESID Directions: Up Johnson Crk into Altamont, left on Highgate, Rt on Quail Ridge, rt on Summits Ct Remarks: Absolutely gorgeous view lot with sweeping territorial views of the mountains out to the north and city. Located in a gated community in prestigious Altamont, host of past street of Dreams. Is a daylight basement lot. Price of homes in this area are very upper end, will support any price range you want to build. 0 Tenino CT Happy Valley LND EXP $160,000 MLS#: Status: EXP PTax/Yr: $515 Unit/Lot #: # Lots: Acres: 0.35 Zoning: R7 Wtr Frnt: Area: 145 Lot Size: 15K-19,999SF Map Coord: / / Prop Type:RESID Directions: Johnson Creek N on 92nd R on Clatsop R on Tenino Ct. Remarks: 15,246 sq ft vacant lot. Zoned R7. 05/28/ :40 Keller Williams Realty Portland Premiere 3

4 4 Michael Faunce 05/28/ SE EMMERT VIEW CT #11 Happy Valley LND EXP $179,000 MLS#: Status: EXP PTax/Yr: $2,124 Unit/Lot #:11 # Lots: 1 Acres: 0.28 Zoning: Resid Wtr Frnt: N Area: 145 Lot Size: 10K-14,999SF Map Coord: 627 / G / 7 Prop Type:RESID Directions: SE 92nd to Emmert View Ct Remarks: Build the home of your dreams on this beautiful 12,000+ sq. ft. view lot in gated community in Happy Valley. Surrounded by luxury homes. Panoramic view of city and west hills. Conveniently located near Clackamas Town Center and freeway access. Call for more info today! Call LA for proposed building plans! SE FORTON PL Happy Valley LND EXP $199,999 MLS#: Status: EXP PTax/Yr: $1,044 Unit/Lot #: # Lots: 1 Acres: 0.34 Zoning: Resid Wtr Frnt: N Area: 145 Lot Size: 10K-14,999SF Map Coord: / / Prop Type:RESID Directions: Idleman Rd to the property Remarks: Great large lot with City view and all utilities, ready to build. Buyer to verify any and all zoning restrictions and building codes prior to purchase SE SCOTTS SUMMIT CT Happy Valley LND PEN $189,000 MLS#: Status: PEN PTax/Yr: $2,648 Unit/Lot #: # Lots: 1 Acres: 0.36 Zoning: res Wtr Frnt: Area: 145 Lot Size: 15K-19,999SF Map Coord: / / Prop Type:RESID Directions: Johnson Creek, Left on HIghgate, R on Quail Ridge, R on Scotts Summit Remarks: Don't miss out here! This lot's views will WOW you! A great location in a gated community in Altamont. Absolutely breath taking mountain and territorial views to take advantage of. Build the home of your dreams! SE QUAIL RIDGE DR #294 Happy Valley LND SLD $140,000 MLS#: Status: SLD PTax/Yr: $1,826 Unit/Lot #:294 # Lots: Acres: 0.41 Zoning: SFR Wtr Frnt: N Area: 145 Lot Size: 15K-19,999SF Map Coord: 657 / H / 1 Prop Type:RESID Directions: I-205 East on Johnson Creek Blvd, left on Highgate, right on Quail Ridge Dr Remarks: This is truly one of the last great view lots in Portland. Located in the gated area of Altamont that is known for its great location, easy commute and home to the NW Natural Street of Dreams four times. You can bring your own builder. Seller is offering lot financing or construction/perm loans. 05/28/ :40 Keller Williams Realty Portland Premiere 4

5 5 Michael Faunce 05/28/ SE QUAIL RIDGE DR #293 Happy Valley LND SLD $140,000 MLS#: Status: SLD PTax/Yr: $1,675 Unit/Lot #:293 # Lots: Acres: 0.39 Zoning: SFR Wtr Frnt: Area: 145 Lot Size: 15K-19,999SF Map Coord: 657 / H / 1 Prop Type:RESID Directions: I-205 East on Johnson Creek Blvd, left on Highgate, right on Quail Ridge Dr Remarks: This is truly one of the last great view lots in Portland. Located in the gated area of Altamont that is known for its great location, easy commute and home to the NW Natural Street of Dreams four times. You can bring your own builder. Seller is offering lot financing or construction/perm loans SE QUAIL RIDGE DR Happy Valley LND SLD $149,900 MLS#: Status: SLD PTax/Yr: $2,576 Unit/Lot #: # Lots: Acres: 0.35 Zoning: Res Wtr Frnt: Area: 145 Lot Size: 15K-19,999SF Map Coord: / / Prop Type:RESID Directions: Johnson Creek Blvd, North on Highgate, Through Gate to Quail Ridge Dr. Remarks: 1/3 acre lot with extraordinary views of Mt. St. Helens, Downtown Portland and Columbia River in the prestigious gated community at Altamont SE QUAIL RIDGE DR #228 Happy Valley LND SLD $160,000 MLS#: Status: SLD PTax/Yr: $2,634 Unit/Lot #:228 # Lots: Acres: 0.27 Zoning: R20 Wtr Frnt: Area: 145 Lot Size: 10K-14,999SF Map Coord: 657 / H / 1 Prop Type:RESID Directions: Johnson Creek Blvd, L on Highgate, R on Quail Ridge Dr at gate, Lot on the Left. Remarks: Build your dream home in the gated Altamont community. This previous Street of Dreams neighborhood is full of beautiful homes so bring your builder and enjoy the breathtaking views that surround you. Hurry, very few lots are left. 05/28/ :40 Keller Williams Realty Portland Premiere 5

6 Michael Faunce 05/28/2017 Map of Comparables to Your Home # MLS# Address # MLS# Address # MLS# Address 1 17519101 10041 SE FORTON PL 2 17138139 8375 SE HINKLEY AVE 3 16336733 11041 SE SCOTTS SUMMIT

6 6 Michael Faunce 05/28/2017 Map of Comparables to Your Home # MLS# Address # MLS# Address # MLS# Address SE FORTON PL SE HINKLEY AVE SE SCOTTS SUMMIT CT Tenino CT SE EMMERT VIEW CT SE FORTON PL SE SCOTTS SUMMIT CT SE QUAIL RIDGE DR SE QUAIL RIDGE DR SE QUAIL RIDGE DR SE QUAIL RIDGE DR /28/ :40 Keller Williams Realty Portland Premiere 6

7 9 Michael Faunce 05/28/2017 Adjustments to Comparables Property Category: LND LND LND LND Address: 9380 SE Emmert View CT SE FORTON PL 8375 SE HINKLEY AVE SE SCOTTS SUMMIT CT City, State: Happy Valley, OR Happy Valley, OR Happy Valley, OR Happy Valley, OR Zip: County: Clackamas Clackamas Clackamas Clackamas MLS#: Status: ACT ACT CAN List Price: $199,000 $219,950 $225,000 $169,900 Sale Price: Sale Date: %SP/LP: 0% 0% 0% %SP/OLP: 0% 0% 0% Sold Terms: DOM / CDOM: / / 162 / 332 $ Adj $ Adj $ Adj $ Adj Acres, Number of Manufactured House Okay Y/N N N Property Type RESID COM/IND RESID Road Frontage Y Y Road Surface PAVEDRD PAVEDRD Waterfront Y/N N N Total Adjustments: Adjusted Price: $219,950 $225,000 $169,900 05/28/ :40 Keller Williams Realty Portland Premiere 9

8 10 Michael Faunce 05/28/2017 Property Category: LND LND LND LND Address: 9380 SE Emmert View CT 0 Tenino CT 9327 SE EMMERT VIEW CT SE FORTON PL City, State: Happy Valley, OR Happy Valley, OR Happy Valley, OR Happy Valley, OR Zip: County: Clackamas Clackamas Clackamas Clackamas MLS#: Status: EXP EXP EXP List Price: $199,000 $160,000 $179,000 $199,999 Sale Price: Sale Date: %SP/LP: 0% 0% 0% %SP/OLP: 0% 0% 0% Sold Terms: DOM / CDOM: 145 / / / 797 $ Adj $ Adj $ Adj $ Adj Acres, Number of Manufactured House Okay Y/N N N Property Type RESID RESID RESID Road Frontage Y Y Y Road Surface PAVEDRD PAVEDRD PAVEDRD Waterfront Y/N N N N Total Adjustments: Adjusted Price: $160,000 $179,000 $199,999 05/28/ :40 Keller Williams Realty Portland Premiere 10

9 11 Michael Faunce 05/28/2017 Property Category: LND LND LND LND Address: 9380 SE Emmert View CT SE SCOTTS SUMMIT CT SE QUAIL RIDGE DR SE QUAIL RIDGE DR 293 City, State: Happy Valley, OR Happy Valley, OR Happy Valley, OR Happy Valley, OR Zip: County: Clackamas Clackamas Clackamas Clackamas MLS#: Status: PEN SLD SLD List Price: $199,000 $189,000 $140,000 $140,000 Sale Price: $140,000 $140,000 Sale Date: 09/30/ /30/2016 %SP/LP: 0% 100% 100% %SP/OLP: 0% 101% 101% Sold Terms: CONV CONV DOM / CDOM: 26 / / / 1654 $ Adj $ Adj $ Adj $ Adj Acres, Number of Manufactured House Okay Y/N N N N Property Type RESID RESID RESID Road Frontage Y Road Surface PAVEDRD Waterfront Y/N N N Total Adjustments: Adjusted Price: $189,000 $140,000 $140,000 05/28/ :40 Keller Williams Realty Portland Premiere 11

10 12 Michael Faunce 05/28/2017 Property Category: LND LND LND Address: 9380 SE Emmert View CT SE QUAIL RIDGE DR SE QUAIL RIDGE DR 228 City, State: Happy Valley, OR Happy Valley, OR Happy Valley, OR Zip: County: Clackamas Clackamas Clackamas MLS#: Status: SLD SLD List Price: $199,000 $149,900 $164,900 Sale Price: $149,900 $160,000 Sale Date: 04/14/ /14/2016 %SP/LP: 100% 97% %SP/OLP: 100% 97% Sold Terms: CONV OTHER DOM / CDOM: 1 / 1 7 / 795 $ Adj $ Adj $ Adj $ Adj Acres, Number of Manufactured House Okay Y/N N Property Type RESID RESID Road Frontage Y Road Surface PAVEDRD Waterfront Y/N N Total Adjustments: Adjusted Price: $149,900 $160,000 05/28/ :40 Keller Williams Realty Portland Premiere 12

11 13 Michael Faunce 05/28/2017 Summary of Comparable Listings Active Listings Cat MLS# Area Type Address City Acres Price LND SE Emmert View CT, Happy Valley, OR Happy Valley $199,000 LND RESID SE FORTON PL Happy Valley 0.34 $219,950 LND COM/IND 8375 SE HINKLEY AVE Happy Valley 0.24 $225,000 Canceled Listings Cat MLS# Area Type Address City Acres Price LND SE Emmert View CT, Happy Valley, OR Happy Valley $199,000 LND RESID SE SCOTTS SUMMIT CT Happy Valley 0.36 $169,900 Expired Listings Cat MLS# Area Type Address City Acres Price LND SE Emmert View CT, Happy Valley, OR Happy Valley $199,000 LND RESID 0 Tenino CT Happy Valley 0.35 $160,000 LND RESID 9327 SE EMMERT VIEW CT #11 Happy Valley 0.28 $179,000 LND RESID SE FORTON PL Happy Valley 0.34 $199,999 Pending Listings Cat MLS# Area Type Address City Acres Price LND SE Emmert View CT, Happy Valley, OR Happy Valley $199,000 LND RESID SE SCOTTS SUMMIT CT Happy Valley 0.36 $189,000 Sold Listings Cat MLS# Area Type Address City Acres Price LND SE Emmert View CT, Happy Valley, OR Happy Valley $199,000 LND RESID SE QUAIL RIDGE DR #294 Happy Valley 0.41 $140,000 LND RESID SE QUAIL RIDGE DR #293 Happy Valley 0.39 $140,000 LND RESID SE QUAIL RIDGE DR Happy Valley 0.35 $149,900 LND RESID SE QUAIL RIDGE DR #228 Happy Valley 0.27 $160,000 05/28/ :40 Keller Williams Realty Portland Premiere 13

12 14 Michael Faunce 05/28/2017 Pricing Your Home Price Sqft $/Sqft CDOM Status # Minimum Average Median Maximum Average Median Average Average Median Total Listings: 11 ACT 2 $219,950 $222,475 $222,475 $225, N/A N/A N/A CAN 1 $169,900 $169,900 $169,900 $169, N/A EXP 3 $160,000 $179,666 $179,000 $199, N/A PEN 1 $189,000 $189,000 $189,000 $189, N/A SLD 4 $140,000 $147,475 $144,950 $160, N/A 1,050 1,225 Sold Properties closed averaging 99.18% of their Final List Price. This reflects a.82% difference between Sale Price and List Price. If SNL status or Sold Auction listings are included, the Sold Price to List Price ratio will be affected because the ratio is always 100% for SNL and Sold Auction listings. How the Recommended Price Looks in the Market Amount $/Sqft Min. List Price: $140,000 N/A Avg. List Price: $176,150 N/A Max. List Price: $225,000 N/A Average Sale Price: $147,475 N/A Recommended List Price Min: $159,000 $0 Max: $199,000 $0 Recommended: $199,000 $0 **Note: Comparable listings with SQFT=0 are excluded from all Price/SQFT calculations 05/28/ :40 Keller Williams Realty Portland Premiere 14

13 15 Michael Faunce 05/28/2017 Company Information Michael Faunce - Broker / Consultant - Keller Williams Knowledge, Expertise & Resources with Your Best Interest 1st 05/28/ :40 Keller Williams Realty Portland Premiere 15

1 st and 2 nd Quarters 2018 Asheville and Buncombe County Real Estate Market Analysis

1 st and 2 nd Quarters 2018 Asheville and Buncombe County Real Estate Market Analysis Summary The housing market in Asheville and Buncombe County had fewer home sales in the 2 nd quarter of 2018 compared